Originally Posted by
benzoate
25% of 250 Airbus fitted with first class by the end of ‘26. By the end of ‘27 hopefully all the airbus fleet is complete. The BOS lounge is not scheduled to be completed until late ‘27. Jetblue is looking into 2028 for full implementation of first class, 2 lounges and Paisly. How many hundreds of millions are scheduled to be lost between now and then? How much latitude is this board willing to give a CEO who is primed to surpass the staggering loses that even Robin Hayes achieved?
All those initiatives cost money and a lot of it. Managing cash is a big deal when the operation can’t fully fund it. It is cost prohibitive to finance more debt. So they have to do this in piece meal. Even if you fire the CEO, the cash problem still exists. In 2026 JetBlue has $700 million in debt payments, $713 million in flight equipment commitments, another $400 million in debt payments in 2027 plus another $355 million in flight equipment commitments. That doesn’t include the JetForward plan. How much will that be funded or paid through operations? Hopefully a lot. That’s what the BOD and leadership are looking at. They are just trying to manage cash flow without breaking the bank.